Cranbrook Estates 1
Closed-sale statistics for Cranbrook Estates 1, with the property-tax reality attached — computed 2025-09-01 to 2026-09-01, not scraped from listings.
- Median sale price
- $250,000
- Median days on market
- 13
- List-to-sale ratio
- 100.6%
6 closed sales, 2025-09-01 to 2026-09-01
What taxes actually become here
Michigan taxable value uncaps the year after you buy (MCL 211.27a). At this subdivision's median price of $250,000, in Monroe Public School District at 43.68 homestead mills, the year-two bill is approximately $5,460 — regardless of what the seller currently pays. The listing will almost certainly show less. Run your own number.
How Cranbrook Estates 1 compares in Monroe
Of the 8 Monroe subdivisions and condo projects we publish statistics for, Cranbrook Estates 1's $250,000 median ranks 2 of 8 — 27% above the tracked-Monroe median of $197,500.
| Project | Median sale | Sales | Year-2 tax |
|---|---|---|---|
| St Marys Gardens | $255,000 | 7 | $5,569 |
| Cranbrook Estates 1 | $250,000 | 6 | $5,460 |
| Riverside Manor | $221,750 | 6 | $4,843 |
| Garden Home | $218,500 | 8 | $4,772 |
| Riverview | $176,500 | 10 | $3,855 |
| Telelm Place | $172,000 | 7 | $3,757 |
Year-2 tax is the estimated post-uncapping homestead bill at each project's median price. Ranked by median closed price, 2025-09-01 to 2026-09-01.
This is the median. Your number depends on the address.
Median statistics cannot price a specific house. For one address we can compute the year-two tax bill, the escrow impact, eligibility for down-payment programs, and — if you own here — what a sale would actually net after transfer tax and payoff.
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Common questions
What is the median home price in Cranbrook Estates 1?
The median closed sale price in Cranbrook Estates 1 (Monroe) is $250,000, from 6 sales 2025-09-01 to 2026-09-01.
What will property taxes be after buying in Cranbrook Estates 1?
At the median price, taxable value uncaps to roughly $125,000 and the year-two bill in Monroe Public School District is approximately $5,460 at homestead rates.
How does Cranbrook Estates 1 compare with other Monroe subdivisions?
Its $250,000 median ranks 2 of 8 Monroe projects we track — 27% above the tracked-city median of $197,500.
More context: Monroe property tax rates · school district breakdowns · all calculators